NOT LISTED FOR SALE

251 S Elmwood Ave Palatine, IL 60074

Downtown Palatine Neighborhood

Estimated Value: $376,000 - $420,399

3 Beds
2 Baths
1,634 Sq Ft
$248/Sq Ft Est. Value

About This Home

This home is located at 251 S Elmwood Ave, Palatine, IL 60074 and is currently estimated at $404,600, approximately $247 per square foot. 251 S Elmwood Ave is a home located in Cook County with nearby schools including Winston Campus Elementary School, Palatine High School, and Immanuel Lutheran School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 26, 2006
Sold by
Payne Michael R and Ericksen James M
Bought by
Payne Michael R
Current Estimated Value
$404,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
6.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 13, 2005
Sold by
Lovett Jane T
Bought by
Payne Michael R and Eriksen James M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,000
Interest Rate
5.75%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 8, 2001
Sold by
Kenny Timothy J and Kenny Fatime
Bought by
Lovett Jane T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
7.16%

Purchase Details

Closed on
Feb 20, 1996
Sold by
Blundstone Stanley H
Bought by
Kenny Timothy J and Kenny Fatame

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,000
Interest Rate
6.5%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Payne Michael R -- American Title Inc
Payne Michael R $265,000 Pntn
Lovett Jane T $195,000 --
Kenny Timothy J $146,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Payne Michael R $165,750
Closed Payne Michael R $72,000
Closed Payne Michael R $53,000
Closed Payne Michael R $212,000
Previous Owner Lovett Jane T $60,000
Previous Owner Lovett Jane T $175,000
Previous Owner Kenny Timothy J $131,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,604 $29,000 $6,768 $22,232
2023 $7,326 $29,000 $6,768 $22,232
2022 $7,326 $29,000 $6,768 $22,232
2021 $5,870 $21,406 $3,948 $17,458
2020 $5,856 $21,406 $3,948 $17,458
2019 $5,853 $23,838 $3,948 $19,890
2018 $7,113 $26,325 $3,666 $22,659
2017 $6,997 $26,325 $3,666 $22,659
2016 $6,756 $26,325 $3,666 $22,659
2015 $6,204 $22,815 $3,384 $19,431
2014 $6,145 $22,815 $3,384 $19,431
2013 $5,970 $22,815 $3,384 $19,431
Source: Public Records

Map

Illinois Cook County Palatine 60074 Downtown Palatine

251 S Elmwood Ave, Palatine, IL

This home is located at 251 S Elmwood Ave, Palatine, IL 60074 and is currently estimated at $404,600, approximately $247 per square foot. 251 S Elmwood Ave is a home located in Cook County with nearby schools including Winston Campus Elementary School, Palatine High School, and Immanuel Lutheran School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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